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NYMEX Friday Wrap: Crude, nat gas, gasoline close week with gains
HOUSTON, December 29, 2017 (PCW) — February NYMEX crude futures settled up $0.58/bbl at $60.42/bbl. February Brent at the close of the NYMEX increased $0.63/bbl at $66.85/bbl.
The February Brent/WTI spread narrowed to $6.43/bbl favoring Brent. Prompt natural gas futures were up 3.9 cents at $2.953 mmBtu. January NYMEX RBOB futures closed at $1.7992 gal, up 0.62 cpg.
January gasoline differentials were mixed versus Thursday’s levels.
A4 CBOB 87 regular was weaker at 5.00 cpg under the screen.
CBOB 87 was down at 5.00 cpg under the screen.
D4 CBOB 93 premium was stronger at 5.50 cpg over the screen.
CBOB 93 was up at 5.50 over the screen.
RBOB was softer at 3.75 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $11.31 bbl, $7.95/bbl under the screen. – John Troland